rupees 8200 is borrowed at 7.5% rate of interest per annum for 3 years find the amount to be paid at the end of 3 years
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Answered by
17
Answer:
10045
Step-by-step explanation:
S.I = PRINCIPAL * RATE + TIME / 100
S.I = PRT/100
S.I = 8200 * 7.5% * 3/ 100
S.I = 1845
AMOUNT = S.I + PRINCIPAL
AMOUNT = 1845 + 8200
THERFORE, AMOUNT = 10045
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Amount= Rs. 10186.83
Compound Interest= Rs. 1986.83
Hope this will help you....
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